Is San Jacinto, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, San Jacinto has remained a Seller's Market.
Key Takeaway
San Jacinto is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in San Jacinto, CA
How much do homes in San Jacinto, CA cost?
Median Sold Price
$469,450
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in San Jacinto have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in San Jacinto was $469,450 in June 2024, up 4.3% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $272.5K | $90K | -67.0% |
| 2 Bedrooms | $325K | $325K | 0.0% |
| 3 Bedrooms | $430K | $446K | +3.7% |
| 4 Bedrooms | $485.5K | $500K | +3.0% |
| 5+ Bedrooms | $515K | $535K | +3.9% |
Summary: San Jacinto housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 67%, 2 bedroom homes did not change, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 3.9%.
Median Sold Price Compared To Nearby Cities
| San Jacinto | $450K | $469.4K | +4.3% |
| Hemet-San Jacinto | $425.6K | $443K | +4.1% |
| Perris Valley | $536.4K | $557.2K | +3.9% |
| Hemet | $417.5K | $431.4K | +3.3% |
Housing Supply in San Jacinto, CA
How many homes are available in San Jacinto, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 169 | 157 | -7.1% |
Summary: The San Jacinto real estate market had 157 homes for sale in June 2024, a 7.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 23 | 29 | +26.1% |
| 3 Bedrooms | 56 | 54 | -3.6% |
| 4 Bedrooms | 53 | 48 | -9.4% |
| 5+ Bedrooms | 33 | 22 | -33.3% |
Summary: The San Jacinto housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 26.1%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 42 | 47 | +11.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in San Jacinto, you could pay more than the asking price. 59.6% of homes here sold above asking price last month.
Summary: A total of 47 homes were sold or pending in San Jacinto in June 2024, up by 11.9% month-over-month. Of the 47 sold homes, 15% were sold under asking, 26% were sold at asking, and 60% were sold over asking.
Days on Market for San Jacinto, CA
How long does it take to sell a home in San Jacinto, CA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 33 Days | 18 Days | -44.4% |
Summary: Homes in San Jacinto had an average of 18 days on market in Jun 2024, down by 44.4% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in San Jacinto are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 47 homes were sold in San Jacinto; 81% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.